An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance, or operating in any state, or in all states, or in any territory or possession of the United States, upon a finding that the group is in hazardous financial or financially impaired condition shall be enforceable in the courts of the state.
Structure Code of Alabama
Chapter 31A - Risk Retention Act.
Section 27-31A-1 - Short Title and Purpose.
Section 27-31A-2 - Definitions.
Section 27-31A-3 - Risk Retention Groups Chartered in This State.
Section 27-31A-3.1 - Risk Retention Groups to Comply With Governance Standards.
Section 27-31A-4 - Risk Retention Groups Not Chartered in This State.
Section 27-31A-5 - Compulsory Associations.
Section 27-31A-6 - Countersignatures Not Required.
Section 27-31A-7 - Purchasing Groups - Exemption From Certain Laws.
Section 27-31A-8 - Notice and Registration Requirements of Purchasing Groups.
Section 27-31A-9 - Restrictions on Insurance Purchased by Purchasing Groups.
Section 27-31A-10 - Purchasing Group Taxation.
Section 27-31A-12 - Duty of Producers to Obtain License.
Section 27-31A-13 - Binding Effect of Orders Issued in u.s. District Court.